Climate Zone Crucial for Efficiency of Ski Lift Operators
Martin Falk and
Eva Hagsten
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper investigates the efficiency of ski lift companies across different climate zones in a group of countries based on establishment data. By a joint estimation of the stochastic frontier production and efficiency equations, the results indicate that ski areas in subarctic climate zones are far more efficient than their counterparts in warmer zones. Presence of a large local market and elevation of the ski area are factors not relevant for efficiency. Output of ski lift operators (companies) increases with the length of ski runs, number of ski lifts, share of slopes covered by snowmaking facilities and availability of fast lifts. Productivity is also significantly higher for ski lift companies owned by a large conglomerate.
Keywords: technical efficiency; stochastic frontier production function; ski lift companies; climate zones; ownership (search for similar items in EconPapers)
JEL-codes: L11 L25 L9 L92 R40 (search for similar items in EconPapers)
Date: 2017-03-06
New Economics Papers: this item is included in nep-eff and nep-env
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https://mpra.ub.uni-muenchen.de/77517/1/MPRA_paper_77517.pdf original version (application/pdf)
Related works:
Journal Article: Climate zone crucial for efficiency of ski lift operators (2019) 
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:77517
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